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What is special depreciation in SAP SRD-FIN-FA - FIN-Fixed Assets?


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SAP Term: special depreciation

  • Component: SRD-FIN-FA

  • Component Name: FIN-Fixed Assets

  • Description: A specific depreciation specified for use by the laws of a country for use in the calculation of that country's income tax.


Smart SAP Assistant

  • Key Concepts: Special depreciation is a type of accelerated depreciation that allows businesses to write off the cost of certain assets more quickly than under normal depreciation rules. This type of depreciation is used to encourage businesses to invest in new assets and to help them recover the cost of those assets more quickly. How to use it: In SAP, special depreciation can be set up in the Fixed Assets (SRD-FIN-FA) component. This component allows users to define the special depreciation rate for each asset, as well as the period over which the asset will be depreciated. The system will then calculate the amount of special depreciation that can be claimed for each asset. Tips & Tricks: When setting up special depreciation in SAP, it is important to ensure that the correct rate is applied to each asset. This will ensure that the correct amount of depreciation is claimed for each asset. Additionally, it is important to ensure that the period over which the asset will be depreciated is correctly set up, as this will affect the amount of special depreciation that can be claimed. Related Information: For more information on setting up special depreciation in SAP, please refer to the SAP Help documentation for Fixed Assets (SRD-FIN-FA). Additionally, you may find it helpful to consult with a tax professional or accountant who can provide

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